AMA 4.92% 6.4¢ ama group limited

large parcel changes hands today, page-3

  1. 1,578 Posts.
    lightbulb Created with Sketch. 58
    Diplaris,

    Interestingly enough of the 23.5m shares that have traded hands in the past 6 trading days 20.1m shares were block traded in two seperate transactions.

    Non of the major shareholders have come out as yet to say that they have changed their shareholding and the amount of 20.1m shares is just under the 5% threshold for a becoming a substantial shareholder notification.

    What this suggests is that a large player has jumped onto AMA. I dont believe it is a takeover rather its a strategic buyer taking a position. This is only confirmed by the fact that two directors have also increased their positions.

    I eagerly wait and see.
 
watchlist Created with Sketch. Add AMA (ASX) to my watchlist
(20min delay)
Last
6.4¢
Change
0.003(4.92%)
Mkt cap ! $301.3M
Open High Low Value Volume
6.0¢ 6.4¢ 5.9¢ $313.0K 4.960M

Buyers (Bids)

No. Vol. Price($)
2 116667 6.4¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 157606 6
View Market Depth
Last trade - 15.29pm 11/11/2024 (20 minute delay) ?
AMA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.